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RE: Steemit Killers

in #busy6 years ago

I’m trying to clear something up.

If I am earning 5 steem a day today... if the price of steem goes to $3 wouldn’t that mean I am earning around 6x as many steem? So at $3 steem id be earning 30 steem a day because of the $3 STU price?

Let me know if this would be the case because I will look forward to earning $90 a day from steem

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If you're talking about passive income due to investments or leasing, then those stay pretty much the same regardless of price. So you'd still earn 5 Steem at $3, it's just the dollar value of what you earn is 6x higher compared to now. And if you don't cash out and power it all up, then you're looking at compounding income, meaning you earn more and more Steem over time.